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Chapter 216: China's Warren Buffett

~7 min read 1,263 words

Chen Yang, the US stock market uses a T+0 trading system! After you bought the stocks, you just leave them unattended? If Certain Exchange's stock suddenly drops sharply, the consequences would be unimaginable! Su Mingyue reminded Chen Yang with a stern face.

She has been desperately studying the rules of the US stock market these days, always maintaining a cautious attitude toward its risks and various uncertainties.

"Are you teaching me to trade stocks?" Chen Yang looked at Su Mingyue, both laughing and crying. He's someone with a cheat—do you still have to watch stocks all the time if you have a cheat? That wouldn't even count as a cheat!

"No." Su Mingyue knew her limits; she certainly knew she wasn't qualified to teach Chen Yang stock trading. Still, she voiced her opinion: "I just think we should be a bit more careful. You've invested thirty million and ten thousand US dollars! If it suddenly drops to zero, your two months of hard work would be wasted."

Chen Yang said: "The US stock market values value investing. Even if it falls today, as long as the company's future performance improves, it will naturally rise gradually. Certain Exchange's performance this year happens to be in an upward phase. At this time, no one dares to take the risk of shorting it. On the contrary, our entry actually helped blow the horn of advance for this stock. Don't believe me? Check the news tomorrow morning to see whether it's down or up."

"Alright, I hope your judgment is correct." Su Mingyue followed Liu Qingqing back to the hotel, half-believing, half-doubting.

Lin Wei saw this and said helplessly to Chen Yang: "Husband, you stock traders are really obsessed, glued to the computer screen all day—aren't you tired?"

"Tired? How could it be!" Chen Yang laughed: "We have weekends off, and only need to work four hours a day. Is there any job in the world easier than stock trading?"

Lin Wei gave him a sideways glance and said: "Besides trading hours, don't you also have to research stocks and related news? The actual work time might be longer!"

Chen Yang shook his head in denial: "You're overthinking it. At most I just review the trades. Don't you remember? When have I ever seriously studied stocks at home?"

Lin Wei let out a soft hum: "You're just a monster; how can you lump everything together?"

Chen Yang embraced Lin Wei's slender waist with a mischievous smile: "I'm a monster, then what are you, my dear?"

"Not being proper again..." Lin Wei pinched Chen Yang hard. Then she alone went to the viewing platform to enjoy Hong Kong's night scenery.

Chen Yang also wanted to accompany her to enjoy the night view, when Yexin's call came in.

"You little brat, you're awesome! Just after buying Certain Exchange's stock, the price doubled. If it keeps rising, we wouldn't need to transfer money to Hong Kong; we could just cash out the stock to cover the debt."

"In theory, we don't need to transfer money to Hong Kong for now. But things always change—let's observe a bit more!" Chen Yang still wasn't completely certain that Certain Exchange's stock would keep rising. After all, there are still over two months left, with too many uncertain factors.

"Fine, I'll just follow you. When you sell, remember to sell my shares together."

"Alright, I'll go to sleep first."

"What, you're going to sleep before the market even closes?"

"Not sleeping—does that mean pulling an all-nighter? We're not trading stocks on American soil; do we still have to adjust to US time?"

"... Aren't you worried the stock might suddenly drop again?"

"No worries—stocks can rise and fall, fall and rise. We're doing long-term value investing; you watch it every day, you're not tired, but I am!"

"... Fine, you're ruthless. Go sleep; I'll keep watch."

Chen Yang helplessly hung up the phone. He harbors a secret he can't tell, and sometimes he feels tired too. He's always looking for excuses to explain things to people.

Actually, he just can't be bothered to monitor Certain Exchange's performance or how the US stock market will change; as long as the stock follows its previous life's trajectory to where it should be, that's enough.

A night of spring passion.

On Saturday morning, as the sun just rose, Guo Jin's call came in, his voice very excited.

"Boss Chen, you're truly a stock god! I followed you in buying Certain Exchange's stock, and it's already up to $1.32. That's a 175% increase from the opening. This is unbelievable!"

"Manager Guo, did you pull an all-nighter?" Chen Yang didn't expect Guo Jin to also join the all-nighter crew; he was a bit surprised.

"The stock kept rising, I was afraid it would suddenly drop, so I sold before market close." Guo Jin said excitedly: "This time I invested five hundred thousand US dollars and made eight hundred thousand in a day—more than my ten years of earnings in Hong Kong. This is simply unbelievable!"

Chen Yang, hearing that, also admired Guo Jin quite a bit. This guy actually put his entire net worth on the line.

The stock market really is a place that easily drives people mad.

"Manager Guo, you also work in finance, so I don't need to explain the risks of the stock market. In the future, when trading stocks, it's best to keep a safety net for yourself." Chen Yang had seen in Hong Kong TV dramas many people who went bankrupt from stock trading and jumped to their deaths. He didn't want Guo Jin to follow in their footsteps. After all, this chubby guy is, strictly speaking, also his lucky star.

"Thanks for the reminder, Boss Chen, I'll pay attention." Guo Jin's voice remained excited; he had truly bet his entire net worth this time. Thinking about it now, he also feels a bit lucky. Fortunately, his gamble paid off!

"Then you'd better go rest!" Chen Yang feared that if Guo Jin got too excited, something might go wrong.

He too is a veteran. In his previous life, even a single limit-up day was enough to keep him awake all night, let alone Guo Jin, whose principal increased by 1.6 times. Staying in an adrenaline-fueled state for a long time, someone with poor heart function could easily run into trouble.

Guo Jin also listened to the advice, thanked Chen Yang again, and then hung up.

And Chen Yang's phone rang again right away. This time it was Su Mingyue.

"Chen Yang, you're amazing! Certain Exchange's stock actually rose 1.75 times!"

"So, you didn't sleep all night?"

"Hehe, I'm genuinely worried that your investment might lose everything."

"Then are you satisfied now?"

"Mm-hmm!"

"Then hurry up and sleep!"

"Okay, good morning!"

Chen Yang finally managed to persuade Su Mingyue to go to sleep, when Yexin's call came again.

"You little brat, you made fifty-two million five hundred thousand dollars in just one night. You're the Warren Buffett of our China!"

"Sister Yexin, this amount of money is nothing compared to Buffett. Better to stay low-key."

Chen Yang didn't want to compare himself to Buffett. He's relying on a cheat, while Buffett truly has skill. They're not even in the same league.

"When are you planning to sell?" Yexin was a bit impatient. At this point, after repaying the borrowed money and deducting interest, they still have fifty-two million US dollars in principal. They can go all out in the US stock market.

However, Chen Yang had no intention of pulling out at this time.

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End of Chapter

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